Sodexo scores more work with Seadrill and Shell
- Business & Finance
Sodexo, a catering and facilities management company, has expanded two facilities management services contracts with offshore drilling contractor Seadrill and oil and gas major Shell.
Sodexo said on Monday that Seadrill had been a client since 2008 and in that time Sodexo has expanded operations from Norway, Asia, and Africa to the Americas, Brazil, Gulf of Mexico and the Middle East.
The company added that the Seadrill contract spans five years with a total value of €200 million ($221.7M) and will service over 90 percent of Seadrill’s business in countries where the company operates. Sodexo said it believes that the extension would create more than 1,000 new jobs at the additional sites.
Lindsay Tocher, CEO of Sodexo Offshore & Marine Worldwide, said of the Seadrill expansion: “Seadrill is a fantastic example of a client’s willingness to allow us to think outside the box to deliver solutions that are valuable to them.
“For example, we have co-designed living quarters with them to ensure they provide improved quality of life and safety to all users. We’ve expanded operations to new geographies to help our client reduce the cost of downtime.”
Sodexo’s Global Framework Agreement with Shell extends the current contract period an additional 30 months, out to December 2020 with additional countries and sites in Gabon and Argentina, as well as additional services added to scopes of work in the Philippines and the United Kingdom.
According to the company, the Shell contract represents €135 million ($150M) in annual revenue. The current contract includes installations in Europe, Africa, Latin America, Asia, and coming in the fourth quarter, Australia.
Simon Seaton, CEO of Sodexo Onshore Energy Worldwide, said of the Shell contract: “I am extremely pleased to expand and extend our global relationship with Shell. We now perform a wide range of food and facilities management services to them in a variety of operating environments, from offshore to corporate offices to production facilities and refineries.”